There is still a chance that buyers will be found for the Philadelphia-area refineries that have closed or are being closed by Sunoco and ConocoPhillips, the Philadelphia Inquirer reports.

"Sunoco Inc. [NYSE:SUN] and ConocoPhillips [NYSE: ] are shopping their Delaware River refineries to a small group of potential buyers who might keep them open, saving about a thousand threatened jobs," the Inquirer said. Potential drawbacks to deals include the fact that the plants were made to process pricey low-sulfur sweet crude, and would require expensive renovations to handle other grades.

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